Bain & Company

Bain & Company Company Profile

THE SCOOP 

Global firm

Founded in 1973, Bain is one of the world's most prestigious consulting firms. The firm's 5,700 employees help leaders make the big decisions that will direct their organizations' future strategy, and then help them realize those objectives (operations, marketing, organization, technology, mergers and acquisitions and sustainability). 

Bain has worked with more than two-thirds of the Global 500, thousands of notable regional and local organizations, hundreds of non-profits and private equity funds representing 75 percent of global equity capital. With 50 offices in 32 countries, the firm claims to cover 95 percent of the world's GDP-a claim that is very likely true, given that Bain experts work across every economic and industry sector, from media to healthcare to alternative energy. While the firm's client list is a closely guarded secret, word has leaked about some of its clients, including such prestigious names as De Beers, Dell, Ford, Charles Schwab, Starbucks, Del Monte and Endeavor. 

That global reach also translates into plenty of international experience for Bain's people.  The firm reports that over half of their consultants had the opportunity to work internationally last year. 

 

Measurable results

Bain touts a more practical approach to client engagements than some of its rivals-and it backs those claims up by measuring the results. According to the firm (and attested to by calculations from PricewaterhouseCoopers), its clients' stock prices outperform the market by four to one. Other eye-opening stats from the firm include claims that: Bain's sales and marketing cases deliver on average more than 25 percent revenue growth; Bain-supported merger integrations on average generate 20 percent higher excess shareholder returns; and 85 percent of Bain's performance improvement work produces yields worth more than ten times the fees charged for the work. 

Bain states that delivering results is at its core, and as such, its distinctive Results Delivery® foundation is embedded into every Bain engagement. This approach focuses on predicting, measuring and managing risk associated with a change from day one which helps clients realize results more consistently and predictably than their competitors. 

Further evidence of the firm's confidence in its ability to produce results can be found in the practice of "tied economics"-something that Bain pioneered. To ensure alignment between a client's goals and the firm's work, Bain often takes equity in lieu of fees-which means that Bain is only successful when its clients are successful. Today, Bain indicates that 50 percent of its global revenue comes from clients where they have some at-risk work in place. 

 

An entrepreneurial spirit

Bain has fostered its entrepreneurial culture since its founding, when a handful of consultants left one of its competitors to build a new firm founded on the innovative principle of "results, not reports." At the time, Bain's approach was unique in the market-no other major players were attempting to differentiate in that way. That culture, and the transferable skills Bain consultants develop,  is clearly a great benefit for those interested in pursuing their own businesses - in fact, many Bain alumni go on to be successful entrepreneurs, often after only two or three years of Bain experience. As Bain alum and founder of Pencils of Promise, Adam Braun, said, "If I wanted to start a great nonprofit, it couldn't be run by passion alone. It needed to be run with the same level of diligence, structure and commitment to results that the best for-profits are run with. The best place for me to learn that was working at a top-tier management consulting firm."

 

Private equity leader

Bain was the first consulting firm to work with private equity firms, and since then it has worked on half of the largest buyout deals in the last decade. The firm's practice provides fund strategy, sector screening and deal generation, due diligence, portfolio company performance improvement and exit planning for clients. Having carved quite a niche for itself in this area, the firm claims that its private equitypractice today is over three times larger than that of the next-largest consulting firm serving private equity funds. that of the next-largest consulting firm serving private equity funds.that of the next-largest consulting firm serving private equity funds.

 

Delivering social impact

Since its founding, Bain has been committed to driving meaningful impact in the social sector. Bain & Company's formal social impact practice develops high-impact partnerships with non-profit organizations best able to identify and scale "what works," with a firm-wide focus on education and global development. Bain also provides a grassroots infrastructure to support its employees' personal impact through volunteering, fundraising and a global externship program. The firm is also committed to helping its corporate clients embed sustainability into their own businesses, and leads by example by being certified CarbonNeutral® across its global operations. For more information, please visit www.socialimpactatbain.com

 

IN THE NEWS 

March 2014

Day in the life of a consultant at Bain & Company

Olivia Brown, a consultant in Bain's New York City office, recently profiled a typical day in her life for efinancialcareers. Having spent the last 3 years gaining international exposure working in several Bain offices, Olivia describes her typical day, her current case and interest in global healthcare to the publication. Read more.

 

November 2013

Bain Tops List of Best MBA Internships

Poets & Quants highlights Bain's prestigious internship program. Keith Bevans, global head of consultant recruiting explains why Bain invests in the growth and development of interns. Former interns describe the supportive environment, mentoring and ability to make an impact during their internship. Read more.

 

June 2014

15 top MBA employers

CNNMoney reports that Bain Ranks on Universum's "15 top MBA employers" survey. Russ Hagey, Bain's Chief Talent Officer describes the qualities of ideal candidates. Read more.

 

March 2014

Inside View: Bain & Company Asia Pacific

BusinessBecause speaks with Stephen Shih, leader of Bain's MBA recruiting in Asia Pacific about what Bain looks for in new hires. Read more.

 

March 2014

Leading social change from within a dynamic corporate environment

Bain Partner Vikki Tam leads Bain's Global Development practice, a firm priority. Vikki describes Bain's social entrepreneurship work to Wharton's Social Impact Initiative and explains how the skills acquired in a corporate setting can be useful in the social sector. Read more.

 

May 2013
Externships: What They Are And Why They're Important

Bain's externship program provides exposure to alternative career paths and allows employees to test a passion for an industry, function or social cause. Chris Bierly, head of North American associate consultant recruiting, described Bain's program to Forbes.com. Externship options are available in multiple geographies, industries, sectors, and areas of social impact for employees to select an externship of their choice. Read more.

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Bain & Company


131 Dartmouth Street
Boston, MA 02116
Phone: (617) 572-2000
Fax: (617) 572-2427
www.bain.com

STATS


Major Office Locations

  • 50 offices in 32 countries

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